Why the controversy? Jack Hershey SCT system works just fine.

Discussion in 'Technical Analysis' started by Learning_SCT, Oct 3, 2008.

  1. price levels are to the right in the chart you have.

    http://www.elitetrader.com/vb/attachment.php?s=&postid=1731744

    The price levels are clear.

    Can you trade?
    You couldn't see a signal if someone smacked you upside your head with a streetlight.
     
    #231     Oct 7, 2008
  2. LOL

    Can you?

    I bet you wouldn't be able to see anymore charts if I broke your eye socket.
     
    #232     Oct 7, 2008
  3. Denial is lying to yourself so I can see how lying fits right in with being a follower. You manipulated YOUR comparison and then you accuse me of manipulation when mine is honest? How typical.
     
    #233     Oct 7, 2008
  4. These people have had and will continue to have ample opportunity to prove the worth of Jack's teachings every trading day of the week ... 24/5 if they could do it.

    But to the contrary, by their own efforts the trading technique appears to generate mediocre results at best, and far more likely than succeeding is the probability that their accounts will be churned into oblivion, at least that's what I've heard ... :)

    So much for the "Jack Hershey SCT system works just fine" comment as made by the OP.
     
    #234     Oct 7, 2008
  5. SCT Traders are just a bunch of pikers with nothing to show but doggy following TLs marking every move price makes.

    Something that looks like a map in hindsight but absolutely worthless in real time.

    When price trends and follows their precious TLs, all is good, when it chops and markets chop more than they trend, they end up sticking their doggy following TLs up their asses, helplessly.

    Funny thing is that on the SCT journals they play this little contest as to who makes the best hindsight chart, thats why Mr Black and co. can't post linear blotters and must cherry pick them. Sometimes it works other times it works like shit.

    Trading is ruthless by nature, if my mother was a trader I would not trust her advice.

    Bunch of bullshit by a disturbed [XXX deleted by Moderator] with delusions of grandeur.
     
    #235     Oct 7, 2008
  6. Not only that but Jack disguised it as "correcting" jreynold212's work... and he did it with his typical haughty, holier than thou demeanor. And of course he turned out to be wrong (what else is new?)
     
    #236     Oct 7, 2008
  7. There's much, much more to all Hershey tools than initially meets an eye. It continues to amaze me.

    The market 'hides' its intentions in plain sight, where very few chose to look.
     
    #237     Oct 7, 2008
  8. Shilly rabbit..... Hershey methods are for hobbists/enthusiasts ... not real traders
     
    #238     Oct 7, 2008
  9. Does anyone know if Jack has concluded this edition of "Boot Camp"?

    TIA

    lj
     
    #239     Oct 7, 2008
  10. nkhoi

    nkhoi

    no, we will press on.
     
    #240     Oct 7, 2008